Archive for: BSA/AML

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BSA for Lenders

Over the last few years, lenders have been busier than ever — while still being expected to adhere to Bank Secrecy Act (BSA) requirements and ensure their policies and procedures protect their institutions from fraud. Lenders are on the frontline of identifying suspicious activity and need annual training to stay current on what is fully expected of them.

After This Webinar You’ll Be Able To:

  • Understand your responsibilities under the five pillars of BSA
  • Identify red flags and report potentially suspicious activity
  • Gather required CDD information, including beneficial ownership data
  • Comply with OFAC screening responsibilities
  • Determine how to respond to the latest lending-related BSA “hot buttons”
  • Detail penalties for noncompliance

Webinar Details

Lenders are often the first line of defense in identifying and reporting suspicious activity. Still, the transaction types and methods for originating a new loan are often very different from the types of transactions and account opening methods used for deposit accounts. Therefore, it’s crucial that lending staff receive tailored initial and annual training on BSA/AML requirements and fully understand what is expected during their day-to-day duties. This session will detail BSA/AML rule components, including red flags for mortgage and commercial loan fraud, CIP documentation, CDD rules (including documenting beneficial ownership), OFAC screening, CTR completion, and much more!

Who Should Attend?

This informative session is designed for deposit operations personnel, loan operations staff, electronic banking staff, BSA/AML officers, and internal auditors.

Take-Away Toolkit

  • Sample beneficial ownership form and calculator
  • Sample due diligence form
  • Sample suspicious incident report
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.

Presenter
Dawn Kincaid – Brode Consulting Services, Inc.

Dawn Kincaid began her banking career while attending The Ohio State University.  She has over 20 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance.  Most recently Kincaid served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized the implementation of new products and services.
Kincaid has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer.  She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.

Registration Options

  • $279 – Live Webinar Access
  • $279 – OnDemand Access + Digital Download
  • $379 – Both Live & On-Demand Access + Digital Download
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Bank Ethics From The Ground Up

Ethical decisions can be challenging, but it’s important to embrace ethical choices as the repercussions impact you individually as well as your financial institution. Included in this session are best practices, and requirements as well as examples of bank bribery cases.

As a banker, you have many ethical responsibilities and challenges as you navigate your daily activities which must be conducted with the highest level of integrity. Embracing ethics includes managing your personal finances and outside activities in a manner that prevents a conflict of interest. This session will explain the components of a typical code of ethics policy including how to address accepting gifts and the expectations for compliance with the Federal Bank Bribery Law. Ethics and integrity are a must that bankers need to bring to their financial institutions. It is critical that your institution has a sound policy and provides training that reinforces the institution’s code of ethics.

Ethical decisions can be challenging, but it’s important to embrace ethical choices as the repercussions impact you individually as well as your financial institution. Included in this session are best practices, requirements as well as examples of bank bribery cases.

What You’ll Learn

  • What is the Bank Bribery Act?
  • The importance of ethics in maintaining the reputation of the institution
  • SAR reporting requirements
  • Bribery vs Gratuity – What’s the difference?
  • Sample ethics policy
  • Guidelines for compliance with the Federal Bank Bribery Law
  • Conflict of interest related to employees and directors
  • Understand the importance of a whistleblower policy
  • Accepting gifts and fees from bank customers, prospective customers, or suppliers
  • Penalties for bribery and illegal gratuity

Who Should Attend
This session is designed for all bank employees as well as those responsible for developing or testing compliance with the banks Code of Ethics Policy and the Bank Bribery Act.

Presenter Bio
Molly Stull began her banking career on the teller line while working on her undergraduate degree and has continued working in the financial industry ever since. Some of her experience includes roles in operations, business resumption planning, consumer compliance, and conducting audits. Her favorite role is ensuring that her audience, whether on the sports field or in the financial industry, understands the “why” behind the rule. Her wealth of financial knowledge and her numerous years of experience enable her to relate the material to the audience.

Registration Options

  • Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts – $279
  • Available Upgrades:
    • 12 Months OnDemand Playback + $110
    • 12 Months OnDemand Playback + CD  + $140
    • Additional Live Access + $85 per person
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Countdown to Beneficial Ownership Rules – Policy, Procedures, and Process

Ready, set, go! It’s time to update your beneficial ownership policy, procedures, and processes! This program will be focused on financial institutions and what you have to do to be ready for January 1, 2024.

What You’ll Learn:

  • Update on beneficial ownership rules for your implementation team
  • Training on privacy for your staff
  • Customer approval process
  • Sample policy change
  • Sample procedural changes
  • Integrating new processes into your everyday workplace
  • Many more tips and tools

Who Should Attend?
BSA Officer, Compliance Officer, Marketing Officer, Business Development Officers, and Commercial Lending staff need to get updated on the new procedures about to take place.

Presenter Bio
Deborah Crawford — Gettechnical Inc.
Deborah Crawford is the president of Gettechnical Inc., a Florida based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, Deposit Regulations and opening account procedures. She was formerly with Hibernia National Bank (now Capital One) and has bachelor’s and master’s degrees from Louisiana State University. She has 35+ years of combined teaching and banking experience.

Registration Options

  • $279 Includes: Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts
    • Available Upgrades
      • 12 Months OnDemand Playback  + $110
      • 12 Months OnDemand Playback + Digital Download + $140
      • Additional Live Access + $85 per person
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BSA/AML: Marijuana & Hemp

Banking marijuana-related and/or hemp-related businesses is becoming more and more common place. Avoid getting into hot water with examiners by ensuring you are up to speed on all the BSA/AML considerations and implications.
Banking marijuana-related businesses is complicated. In the eyes of the Federal Government, marijuana is still an illegal substance; however, it’s legalization by individual states whether for medical or recreational complicates this issue even further. Staying on top of the BSA/AML implications and understanding the potential risks and red flags is imperative to keep your examiners at bay.

What You’ll Learn:

  • Guidance From FinCEN on Banking Cannabis-Related Customers
  • Hemp, CBD, and Marijuana… Know the Difference
  • The Industry Is Growing! What Should You Do?
  • Enhanced Customer Due Diligence Expectations
  • How To Appropriately Address Cannabis in YOUR BSA Program
  • What Should You Be Doing Differently Before Your Next Examination?
  • Your Questions, Plain English Answers & Much More!

Who Should Attend?
This webinar is designed for BSA/AML officers, teams, management, compliance officers, auditors, and other risk management personnel.

Presenter Bio
Kevin Edwards brings years of experience and a unique perspective on regulatory matters to his clients. A self-proclaimed geek and accredited CRCM, Edwards is also a former attorney with experience as in-house counsel for a large regional bank and one of the leading national title insurance providers. Edwards decided to leave the safety and serenity of his desk job to seek fortune and glory as a wandering adventurer. He now travels the land seeking to help those in need and righting compliance wrongs, wherever he may find them.

Registration Options
$279 Includes: Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts

Available Upgrades

  • 12 Months OnDemand Playback  + $110
  • 12 Months OnDemand Playback + Digital Download + $140
  • Additional Live Access + $85 per person
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BSA for Operations Personnel

BSA training for the operations team is crucial — and required. This jam-packed program will provide insight, BSA requirements, compliance tips, and well-honed tools to ensure your operations program is shipshape!

After This Webinar You’ll Be Able to:

  • Understand your responsibilities under each of the five BSA pillars
  • Identify and report potentially suspicious activity
  • Gather information required to meet your customer due diligence requirements
  • Apply provided best practices to identify and monitor high-risk accountholders
  • Review red flags for hot-button, high-risk (or illegal) activities including cybercrime, cannabis-related businesses, human trafficking, and cryptocurrency
  • Detail the penalties for non-compliance

Webinar Details
Members of the operations team see it all — deposits, loan payments, debit card transactions — and serve as the hub for electronic banking, RDC, and ACH services. Therefore, it’s crucial that this team receives tailored initial and annual training on BSA/AML requirements and fully understands the BSA responsibilities of their day-to-day duties. This session will detail BSA/AML rule components, including red flags for money laundering, CIP documentation, CDD rules, OFAC screening, CTR completion, maintaining information for the sale of monetary instruments, and much more! In addition, it will review red flags for ACH fraud and BSA best practices for electronic banking services. Attend this webinar to gain the knowledge and tools needed to comply with the many requirements of the Bank Secrecy Act.

Who Should Attend?
This informative session is designed for deposit operations personnel, loan operations personnel, electronic banking staff, BSA/AML officers, and internal auditors.

Take-Away Toolkit

  • Audit checklist for reviewing correct CTR completion
  • Sample RDC accountholder review form
  • Red flags to use for training
  • Beneficial ownership final rule fact sheet
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.

Meet the Presenter: Dawn Kincaid – Brode Consulting Services Inc
Dawn Kincaid began her banking career while attending The Ohio State University. She has over 20 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Kincaid served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized the implementation of new products and services.

Kincaid has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.

REGISTRATION OPTIONS

  • $279 – Live Webinar Access
  • $279 – OnDemand Access + Digital Download
  • $379 – Both Live & On-Demand Access + Digital Download
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BSA and OFAC Officer and Staff Update All Day Streaming

The fall of 2023 brings many changes to BSA as we begin the countdown to beneficial ownership changes. We will cover these changes, as well as other topics surrounding BSA and OFAC.

We will look at things that are happening to implement the AMLA of 2020 like de-risking strategies and national priorities. We will also cover the ecosystem for crypto or digital currency and how to add it to your risk assessment and policy. It’s a jam packed agenda with all the latest and greatest on BSA and OFAC.

What You’ll Learn

  • National Strategy for De-risking
  • Beneficial Ownership Countdown: where are we now?
  • Update on sanctions for Russia for OFAC
  • Crypto and Digital Currency: working on your risk assessment, policy, and procedures
  • SAR Process and Decision Making
  • Common Errors on CTRs
  • Human Crimes: Elder Fraud, Human Trafficking, Smuggling
  • CIP and CDD: updating your policy and procedures
  • High risk customers: extra steps for due diligence

Who Should Attend?

BSA Officers, BSA Staff, BSA Audit, Compliance, Operations, Security, and Branch Staff will learn a great deal from this course.

Presenter
Deborah Crawford is the president of Gettechnical Inc., a Virginia based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, deposit regulations, and opening account procedures. She was formerly with Hibernia National Bank (now Capital One) and has bachelor’s and master’s degrees from Louisiana State University. She has 35+ years of combined teaching and banking experience.

Registration Option

  • OnDemand with Live Streaming – $1049
    • Includes: Access the recording for 12 months.
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FedNow® 101: What to Know Now About FedNow

Join us for this informative webinar, where we delve into the key details of the Federal Reserve Banks’ groundbreaking service: FedNow®. This interactive webinar is aimed at financial institutions, payment professionals, and anyone interested in the evolving landscape of real-time payment solutions.

Learn how FedNow® is transforming the payments industry with its innovative instant service, enabling immediate funds transfer, and round-the-clock accessibility. The Payments Professor will take you through FedNow’s features, benefits, and potential implications for the financial industry and beyond.

From understanding the basics of the technology behind FedNow® to its impact on payment speed and efficiency, the Professor will address all your questions and equip you with the insights to navigate the future of instant payments.

Whether you’re a bank executive, a FinTech enthusiast, or merely curious about the latest trends in banking and finance, this webinar will provide valuable knowledge and perspective.

Register today and be part of this educational journey to understand how FedNow® is poised to redefine the real-time payments ecosystem.

What You’ll Learn

  • Understand the concept behind FedNow® and the technology that powers real-time payments.
  • Discover the advantages of FedNow®, including immediate funds transfer and 24/7/365 availability.
  • Learn about the potential impact of FedNow® on the existing financial ecosystem through multiple use cases.
  • Gain insights into how FedNow® enhances user experience with instant payment confirmations.
  • Explore the basics security features incorporated in FedNow® to ensure secure and reliable transactions.
  • Understand the role of FedNow® in facilitating interbank instant settlement.
  • Examine the opportunities and challenges that FedNow® service presents for financial institutions.
  • Discuss the potential for future developments and innovations in the real-time payments space with FedNow®.

Who Should Attend?
C-suite executives, Transaction Banking Professionals, Digital Strategy Professionals, Risk Management Departments, Compliance Officers, IT Departments, Innovation and Product Development Teams, and Training and Development Departments.

Each of these roles would gain valuable insights into the FedNow® service and the potential impact it could have on their operations.

Instructor Bio
Kevin Olsen is the Payments Professor bringing enthusiasm and motivation to presentations. Viewing the world as a classroom which is exemplified in the professor’s “edutainment” (when education is motivating, informative, and fun) style of training as he seeks to educate and inform all on the latest developments and trends in the fascinating world of electronic payments Olsen develops programs, presentations, and articles designed to orient and educate financial professionals on a multitude of electronic payment topics. Olsen is also a certified business coach helping lead organizations to innovate and communicate in the ever-changing world of payments, including building of payment strategies with a focus on product development and use cases for faster payments (RTP & FedNow).

Among his many certifications, Olsen is an Accredited ACH Professional (AAP), an Accredited Payments Risk Professional (APRP), an NCP (National Check Payments Certification), as well as an NCP Certified Trainer and a Certified High-Performance Coach (CHPC), and holds a masters in industrial organizational psychology from Liberty University.

Registration Options
$279 Includes: Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts

Available Upgrades

  • 12 Months OnDemand Playback + $110
  • 12 Months OnDemand Playback + Digital Download + $140
  • Additional Live Access + $85 per person
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How to Build a Robust Security Training Program – Free Webinar

In this course, we’ll discuss the key elements in building a comprehensive and effective security awareness program, and help you start to understand what it means to build a security-first culture.

Security awareness training helps organizations prepare to defend against today’s most threatening cyberattacks. But if training — often viewed as the last line of defense — is truly impactful, then why do we still have so many breaches? One reason is because of the frequency with which these attacks are occurring. Social engineering and phishing attacks are on the rise.

Another reason is that not all security awareness programs are created equal. While leveraging a “one-size-fits-all” solution can work for maintaining compliance, is it really preparing your employees to take the right action when a phishing attempt sneaks into their inbox? With most people forgetting the majority of infrequent and insufficient training, how can security and risk management leaders ensure their security awareness program sticks?

What You’ll Learn

  • Adult Learning & Content Strategy
  • Security Awareness Topics
  • Phishing Simulations
  • Program Support

Who Should Attend
Everyone is welcome to this webinar as everyone should have a plan in place for security. Security Awareness Training is quickly becoming a mandatory part of everyone’s lives and we want to help keep everyone safe from online attacks.

Instructor Bio
John Trest is responsible for leading the development of Inspired eLearning’s award-winning library of Security Awareness and Compliance training content, from the engaging instructional design to the high-quality multimedia production. He has been a member of Inspired’s team since 2009 and has over 20 years of experience in creating and delivering eLearning courses for a broad variety of industries and subjects. He’s passionate about creating quality security awareness content that is both engaging and impactful.

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Compliance for Beginners

Getting started in compliance can be a daunting endeavor. Where to even start? What are the laws, regulations, and guidance that applies to the world of banking? Where can I find all this information to better help me do my job?

That’s the point of this webinar — define the “universe” of banking law and help new compliance professionals — or even those looking to up their knowledge and get helpful information — so that you can succeed at your job. We’ll provide many tips and tricks, including where to find all this information, as well as provide a primer on the banking regulatory world. Who are the players? Who regulates who, and what are exams all about?

We’ll address all these issues and more.

What You’ll Learn

  • The banking industry regulatory structure – who regulates who
  • Where are all these laws and regulations that impact the industry?
  • How do these laws and regulations (and guidance) become effective?
  • Monitoring the Federal Register and regulatory websites
  • What is authoritative and what is not?
  • Finding all this information – utilizing the online world to follow along (“change management”)
  • The various areas of compliance: deposits/operations, lending, privacy, AML/BSA, and others
  • What is the examination process all about? How best to succeed
  • The basics of a Compliance Management System (CMS) – the keys to be credible
  • Helpful sites and resources to have all you need

Who Should Attend
This interactive session will benefit anyone new to the area of retail banking compliance, whether in operations, lending, AML/BSA, or anywhere else. As well, this information will benefit professionals looking to fill in a few gaps, gain a more complete understanding of the banking regulatory structure, and anyone else looking for some good tips and tricks to ensure you have all the information you need.

Presenter Bio
Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Managing Director for Treliant Risk Advisors in Washington, D.C. Through his working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves on the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.

Registration Options

Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts $279

  • Available Upgrades:
    • 12 Months OnDemand Playback + $110
    • 12 Months OnDemand Playback + CD + $140
    • Additional Live Access + $85 per person
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OFAC & Reg E Compliance with FedNow & RTP Payments

Don’t miss this unique opportunity to deepen your understanding of OFAC and Reg E compliance in the fast-paced world of FedNow and RTP payments. Equip yourself with the knowledge and tools needed to navigate regulatory challenges confidently and ensure your organization stays compliant, while taking full advantage of the potential offered by real-time payment systems.

After This Webinar You’ll Be Able To:

  • Clearly understand the fundamentals of OFAC and Reg E, their objectives, and the implications for your organization in the context of FedNow and RTP payments
  • Explain the key features and operations of the FedNow and RTP payment systems, and how they impact OFAC and Reg E compliance requirements
  • Implement sound practices for integrating compliance measures into your real-time payment processes, including sanctions screening, error resolution, and consumer protection
  • Identify potential compliance risks and challenges associated with FedNow and RTP and develop effective strategies to mitigate them
  • Confidently engage in conversations with colleagues, stakeholders, and regulators on OFAC and Reg E compliance regarding FedNow and RTP payments

Webinar Details
Join us for this informative and timely webinar on Office of Foreign Assets Control (OFAC) and Regulation E compliance in the context of FedNow and RTP (Real-Time Payment) payment systems. In this engaging and interactive session, our expert speaker will provide an overview of the OFAC and Reg E regulatory requirements and share insights on how to ensure compliance while leveraging the advantages of FedNow, RTP systems, and other related faster payments networks. Gain valuable knowledge and best practices to navigate the complex regulatory landscape, mitigate risk, and stay ahead of the curve in the rapidly evolving world of real-time payments.

Who Should Attend?
This informative session is designed for BSA/AML officers and support staff, branch management, service representatives, electronic banking staff, risk management personnel, operations staff, compliance staff, internal auditors, and information security personnel. Anyone involved in the processing, management, or oversight of real-time payments will benefit.

Take-Away Toolkit

  • OFAC’s Sanctions Compliance Guidance for Instant Payment Systems
  • CFPB’s Electronic Fund Transfers FAQ
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.

Presenter
Kevin Olsen, AAP, NCP, APRP, CHPC – Pidgin/Payments Professor

For most of the past two decades Kevin Olsen has been managing the development and delivery of education services, including in-person, web conferences, and webcasts. Olsen creates programs, presentations, and articles designed to orient and educate financial professionals on electronic payment topics. As the “Payments Professor,” he brings enthusiasm and motivation to presentations. He views the world as a classroom, which is exemplified in the “edutainment” ed-u-tain-mint (noun: when education is motivating, informative, and fun) style of training he uses to educate and inform all on the latest developments and trends in the fascinating world of electronic payments.

Registration Options

  • $279 – Live Webinar Access
  • $279 – OnDemand Access + Digital Download
  • $379 – Both Live & On-Demand Access + Digital Download
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